Chipotle Mexican Grill raised its full-year sales forecast on Wednesday, betting on resilient demand for its burritos and rice bowls from its relatively wealthier clientele despite higher menu prices.

We consider it positive that insiders have made significant purchases in the last year. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. It might be well worthwhile taking a look at our free report on Chipotle Mexican Grill's earnings, revenue and cash flow.

Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for new menu items.

Chipotle Mexican Grill topped Wall Street's expectations for its quarterly earnings, revenue and same-store sales growth. The burrito chain said traffic increased 5.4% in its first quarter. In March,